A new Fed survey shows banks are still not opening the spigot to give homebuyers access to loans. Sanjiv Das, CitiMortgage CEO, says the industry lent $1.9 trillion in mortgages in 2012, and that the market will begin to get competitive.

A "Tepper-rally" took place today after the noted investor said he is "bullish on stocks." Insight on the markets, with Sean Darby, Jefferies; Tim Leach, U.S. Bank Wealth Management; David Sowerby, Loomis Sayles & Co.; and Ralph Acampora, Altaira Investment Solutions.